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Thursday, October 9, 2014
ConocoPhillips confirmed that oil was found with the FAN-1 exploration well drilled off the coast of Senegal on the Sangomar Deep Block, with its partner and operator Cairn Energy. ConocoPhilllips did say however that further evaluation is required in order to determine commerciality.
“The preliminary results at FAN-1 are encouraging,” said Larry Archibald, senior VP Exploration. “We believe the positive result reinforces our global exploration strategy of getting into the right plays early in their life-cycle.”
The FAN-1 well, located in the Sangomar Deep Block, was drilled to a total depth of 16,164 ft in approximately 4,700 ft of water. Upon completion of operations at FAN-1, the semi-submersible drilling rig will move to the SNE-1 well, also located in the Sangomar Deep, in approximately 3,600 ft of water.
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